09/10/2012 – Overhyped Startup Scene? Novak Biddle Targeting Less than $150M for Sixth Fund
Novak Biddle Venture Partners is looking to raise less than $150 million for its sixth fund, an amount less than two thirds the size of its prior fund, according to VentureWire.
09/10/2012 – TEDCO Invests More Than $1.1 Million in 16 Maryland Startups
In its continued effort to spur economic development and bring concepts from the laboratory to the marketplace, The Maryland Technology Development Corporation (TEDCO) announced today that 16 companies have received a total of $1,170,885 in funding from the organization.
09/07/2012 – Urjanet Secures Series B Funding Led by Grotech Ventures to Deliver Intelligent Energy and Environmental Data
Urjanet Inc. today announced that it has received $4M in Series B venture financing led by new investor Grotech Ventures, along with existing investors GRA Venture Fund, LLC and Imlay Investments Inc.
09/07/2012 – Wellington Financial closes $177M fund with Canadian VC fundraising on a roll
Adding to what is shaping up be a banner year for Canadian venture capital fundraising, Toronto-based Wellington Financial LP announced the first closing of a $177-million fund this week.
09/06/2012 – VideoBlocks.com Secures $10.5 Million Series A Funding to Fuel Growing Stock Video and Music Business
VideoBlocks.com, the first subscription-based provider of unlimited royalty-free stock video and audio clips, today announced that it has closed a $10.5 million Series A investment led by Updata Partners with participation from QED Investors.
09/06/2012 – GramercyOne Grabs $6 Million Venture Capital Equity
Software developer GramercyOne has landed $6 million in new venture capital investment, according to an SEC regulatory filing.
09/05/2012 – MedClimate among Finalists Named for AARP Health Innovation@50+ LivePitch
The DC-based AARP and LivePitch Media on Wednesday announced the 10 start-up finalists for their AARP Health Innovation@50+ LivePitch, a competition designed to showcase start-ups in the "50 and over" health technology and innovation sector.
09/05/2012 – New Enterprise Associates Joins $80M Round For Desire2Learn
Desire2Learn Inc., a Canadian technology firm, said on Tuesday it has secured $80 million in venture funding that will be used to help strengthen its infrastructure and boost its growth prospects. The privately held company, a leading developer of online learning systems, is based in Ontario’s Kitchener-Waterloo area, just minutes away from the home of BlackBerry maker Research In Motion.
09/05/2012 – H.I.G. BioVentures Joins $15.5 Million Series A For Intact Vascular
Intact Vascular, Inc., a developer of medical devices for minimally invasive peripheral vascular procedures, announced the completion of a $15.5 MM Series A financing
09/05/2012 – NeuWave Medical, Inc. Announces $14 Million Financing Led by H.I.G. BioVentures to Further Commercial Success of Microwave-Based Ablation Tools
Medical device company, NeuWave Medical, announced today that it has raised a $14 million Series B financing, led by new investor H.I.G. BioVentures, with participation from existing shareholders, including Venture Investors, WARF and the State of Wisconsin Investment Board.
09/05/2012 – Third Set of Grade.DC.gov Pilot Agency Grades powered by newBrandAnalytics Show Progress
Mayor Vincent C. Gray has released the third set of monthly grades – covering the entirety of August – from the pilot Grade.DC.gov program, an advanced customer-service platform designed to provide the best possible feedback on, and analysis of, service delivery and customer care by District government agencies.
09/04/2012 – Kinergy Health Semi-Finalist in Blue Button Challenge
Kinergy Health was selected as a semi-finalist in the Advisory Board Company's Patient Engagement Blue Button® Challenge.
09/04/2012 – CIT GAP Funds Invests in YaSabe, Inc.
The Center for Innovative Technology today announced a $100,000 investment in YaSabe, Inc. of Herndon, VA, as part of a larger round of financing for the company.
08/30/2012 – We Speak With Washington DC 500 Startups, Startup: Speek
While a lot of people are talking about TechCrunch Disrupt NY Battlefield winner UberConference when it comes to conference calling startups, another conference calling startup has been brewing in the Washington DC area. We first got to check out Speek back in May at the Capital Connection and TechBuzz conference in Washington DC.
08/29/2012 – Kinergy Health Eases Challenges of Eldercare
The emotional, psychological, and physical stress associated with caring for an aging, sick parent is draining, frustrating, and leaves one feeling helpless when navigating the seemingly endless bureaucracy within the American healthcare system.
08/29/2012 – August Member of the Month: High Street Partners
Our member for the month of August is High Street Partners, a company that offers international business software and services.
08/29/2012 – MAVA Executive Director Recruited by State Department as Mentor in Croatia
The Executive Director of the Mid-Atlantic Venture Association (MAVA) is mentoring young business leaders in the Republic of Croatia at the request of the U.S. State Department. As a mentor, Julia Spicer is working with 25 young entrepreneurs who were selected based on their start up business ideas as participants in the Startup Camp program.
08/29/2012 – Columbia Capital Joins $40M Financing for NuvoTV
NuvoTV, an English-language cable network for bi-cultural Latinos in the U.S., has sealed $40 million in new financing to expand its original programming.
08/27/2012 – New Enteprise Associates Leads Series B in Aerospike
Aerospike said it raised a Series B round of funding led by New Enterprise Associates and joined by existing investors Draper Associates and Alsop Louie Partners
08/26/2012 – Canvas selects nonprofits to get its app for free
Who: James Quigley.
Company: Canvas, a Reston-based service that allows users to create Web applications for data collection.
08/24/2012 – Speek.com burning down the conference bridge
Oh, to be rid of conference call headaches. What a world it would be.
08/24/2012 – Speek’s monosyllabic branding advantage
Speek.com CEO John Bracken co-founded Evite.com. Evite is a great name, for much the same reason Kleenex is a great name. In both cases, the words entered popular usage to denote not only the brand itself, but a discreet product — you send an Evite, you use a Kleenex.
08/24/2012 – Cloud computing software provider inks deal with In-Q-Tel
Cloud computing software provider Adaptive Computing inked a partnership with CIA venture capital wing In-Q-Tel to develop a cloud operating system tailored to the intelligence community, the company announced.
08/23/2012 – Sonatype Named to Inc. Magazine's 31st Annual List of America's Fastest-Growing Private Companies
Inc. magazine today ranked Sonatype on its 31st annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies.
08/22/2012 – MorganFranklin Corporation Named to 2012 Inc. 500|5000 List of Fastest-Growing Private Companies in America
For the second time in its 14-year history, MorganFranklin Corporation has been named to the Inc. 500|5000 list of the nation's fastest-growing private companies.
08/22/2012 – SocialToaster Names Walt Rampata Chief Marketing Officer, Unveils New Website
SocialToaster, which raised almost $2 million in June, has named Walt Rampata as its new Chief Marketing Officer while introducing a new design to its website.
08/21/2012 – MorganFranklin Corporation Named to Consulting Magazine's 2012 'Best Firms to Work For' List
For the second time in just five years, MorganFranklin Corporation was recognized by Consulting magazine as one of the “Best Firms to Work For,” ranking 12th on the publication’s prestigious 2012 list.
08/20/2012 – On the cusp of a market push, NewBrandAnalytics hires new CEO
Kristin Muhlner likens work at a start-up to a theme park ride, with the ups, downs, twists and turns coming quickly and often.
08/20/2012 – FUNDED: RESTAURANT SAVIOR; Foodem Announces $75K from MarylandTEDCO
Not much thought goes into the process of how the steaming hot plate of pasta or a juicy burger gets to our plate. But Kash Rehman says it’s not as easy as it might seem. The Groupons out there help restaurant patrons find deals, but how about the managers?
08/20/2012 – Inc. Magazine Names WeddingWire on Inc. 500 for 2012
WeddingWire, the nation's leading technology company serving the $100 billion wedding and events industry, announced the company is ranked number 309 out of 500 on Inc. magazine's 31st annual Inc. 500 list.